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Paul McCartney No. 3 on List of Britain's Richest Musical Figures

Associated Press
Published | Updated

Paul McCartney is ranked third in an annual list of Britain's richest musical figures, with a fortune estimated at $1.4 billion.

The Sunday Times' annual Rich List, released Friday, said the former Beatle's fortune was down $200 million from last year, due to the estimated cost of his upcoming divorce from Heather Mills.

Clive Calder, the former Zomba records label boss whose acts included Britney Spears and 'N Sync, was at the top of the music list, with a fortune estimated at $2.6 billion.

Andrew Lloyd Webber was in second place at $1.5 billion. The composer has had a good year thanks to his role as producer of a West End revival of "The Sound of Music," whose star was chosen by a reality TV program.

The list also includes: theater producer Cameron Mackintosh; "American Idol" impresario Simon Fuller; pop queen Madonna and her husband, Guy Ritchie; Elton John; Mick Jagger; entertainment entrepreneur Robert Stigwood; crooner Tom Jones; and Rolling Stones guitarist Keith Richards.